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OLIN Corp Director's Dealing 2007

Sep 21, 2007

31434_dirs_2007-09-21_8d064d34-06fc-4d37-95b9-07497072922a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLIN CORP (OLN)
CIK: 0000074303
Period of Report: 2007-09-19

Reporting Person: PAIN GEORGE H (Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-09-19 Common Stock $1 par value G 3900 Disposed 53.4272 Direct
2007-09-19 Common Stock $1 par value G 3900 Acquired 6975 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock $1 par value 983.3119 Indirect

Footnotes

F1: Represents shares transferred by reporting person to a revocable trust controlled by his spouse, and for the benefit of his spouse.

F2: Represents shares acquired under the Olin Corporation dividend reinvestment plan.

F3: The figure shown represents shares of Olin Common Stock acquired on a periodic basis under the Olin Contributing Employee Ownership Plan (CEOP), a tax-conditioned plan, and held in the Olin Common Stock Fund of the CEOP, in a transaction exempt under Rule 16b-3, and is based on information provided by the Plan Administrator as of September 19, 2007.